Friday 25 July 2014
 
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Dubai

Emirates NBD trims loan growth forecast

Emirates NBD trimmed its 2014 loan growth forecast but raised its expectations for how much lending would earn it this year after reporting an estimate-beating 34.8 percent jump in second-quarter net profit. Dubai's largest le

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Nakheel lines up a world of DSS entertainment

Real estate developer Nakheel is gearing up for its busiest season on record at the Ibn Battuta Mall, Dubai, where a world of entertainment, promotions and prizes awaits visitors throughout Dubai Summer Surprises 2014. Nakheel is

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Dubai H1 passenger traffic up 6pc to 34.67m

Passenger traffic at Dubai International rose to 34,676,090 during the first half of 2014, up 6.2 per cent from the same period last year despite a runway refurbishment programme that reduced the airport to a one-runway operation and cut flights

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Du posts estimate-beating Q2 profit gain

Du, the United Arab Emirates' second biggest telecommunications operator, reported a 15.6 percent rise in second-quarter profit on Thursday, beating analysts' estimates on the back of increased revenue from fixed and mobile services.

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Sage Mideast to launch ERP version 7 at Gitex

Sage Middle East, a leading provider of business management software to small and medium sized companies, is set to launch the new Sage ERP X3 version 7 during the upcoming Gitex in Dubai. &nb

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Emirates NBD H1 profits surge 30pc to $640m

Emirates NBD, the largest bank in the UAE by total income and branch network, today reported a net profit growth of 30 per cent year on year for the first half to Dh2.350 billion ($639.7 million). The strong operating performance

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Marka to list shares on DFM in mid-September

Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week of September, in what would be the bourse's first flotation for five years, the comp

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Majid Al Futtaim H1 revenues up 14pc to $3.5bn

Dubai-based Majid Al Futtaim (MAF) today reported a 14 percent increase in first-half revenues, citing growing earnings across its business units. The firm, which owns and operates the Carrefour franchise in the Middle East, achie

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Dubai office rents continue to rise: CBRE

Dubai’s office rents are continuing to rise due to the growing economy and increasing business confidence, according to a CBRE report.   The Q2 2013 Dubai Market View b

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Tasweek promotes Dubai Smart City events in US

Tasweek Real Estate Development and Marketing, a provider of comprehensive real estate development solutions for the UAE and the broader Middle East, has involved various US companies in different segments to introduce and endorse the Smart Livi

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